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MORTGAGES PAYABLE (Tables) | 12 Months Ended
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Dec. 31, 2011
Mortgage Loans on Real Estate [Abstract] |
Schedule of Line of Credit Facilities [Table Text Block] | The following table sets forth certain information pertaining to our secured credit facilities:
(dollars in thousands) Borrower |  | Total amount of credit facility |  | Amount borrowed as of December 31, 2010 |  | Net borrowings (repayments) during the year ended December 31, 2011 |  | Amount borrowed as of December 31, 2011 |  | Letters of credit outstanding as of December 31, 2011 |  | Amount available under credit facilities as of December 31, 2011
Acadia Realty, LP |  | $ | 64,498 |  |  | $ | 1,000 |  |  | $ | — |  |  | $ | 1,000 |  |  | $ | 4,561 |  |  | $ | 58,937 |
Fund II |  | 40,000 |  |  | 40,000 |  |  | — |  |  | 40,000 |  |  | — |  |  | — |
Fund III |  | 150,286 |  |  | 171,450 |  |  | (35,371 | ) |  | 136,079 |  |  | — |  |  | 14,207 |
Total |  | $ | 254,784 |  |  | $ | 212,450 |  |  | $ | (35,371 | ) |  | $ | 177,079 |  |  | $ | 4,561 |  |  | $ | 73,144 |
Schedule of Debt [Table Text Block] | The following table summarizes the Company’s mortgage and other secured indebtedness as of December 31, 2011 and December 31, 2010:
(dollars in thousands) |  |  |  |  |  |  |  |  |  |
Description of Debt and Collateral |  | 12/31/2011 |  | 12/31/2010 |  | Interest Rate at December 31, 2011 |  | Maturity |  | Payment Terms
Mortgage notes payable – variable-rate |  |  |  |  |  |  |  |  |
Canarsie Plaza |  | $ | 56,476 |  |  | $ | 40,243 |  |  | Greater of 6.50% or 4.30% (LIBOR+4.00%) |  | 9/11/2012 |  | Interest only monthly.
Liberty Avenue |  | 9,395 |  |  | 10,000 |  |  | 3.55% (LIBOR+3.25%) |  | 9/1/2012 |  | Interest only monthly.
Fordham Place |  | 84,277 |  |  | 85,910 |  |  | Greater of 1.5%+3.5% or 5.00% (LIBOR+3.50%) |  | 9/30/2012 |  | Monthly principal and interest.
Tarrytown Shopping Center |  | 8,260 |  |  | 8,427 |  |  | 1.95% (LIBOR+1.65%) |  | 10/30/2012 |  | Interest only monthly.
161st Street |  | 28,900 |  |  | 28,900 |  |  | 5.80% (LIBOR+5.50%) |  | 4/1/2013 |  | Interest only monthly.
CityPoint |  | 20,650 |  |  | 20,650 |  |  | 2.80% (LIBOR+2.50%) |  | 8/12/2013 |  | Interest only monthly.
Six self-storage properties |  | 42,000 |  |  | — |  |  | Greater of 4.65% or 4.45% (LIBOR+4.15%) |  | 8/31/2013 |  | Interest only monthly until 10/2012; monthly principal and interest thereafter.
Pelham Manor |  | 34,000 |  |  | 31,554 |  |  | 3.05% (LIBOR+2.75%) |  | 12/1/2013 |  | Monthly principal and interest.
Branch Shopping Plaza |  | 12,761 |  |  | 13,932 |  |  | 2.55% (LIBOR+2.25%) |  | 9/30/2014 |  | Monthly principal and interest.
125 Main Street, Westport |  | 12,500 |  |  | — |  |  | 2.65% (LIBOR+2.35%) |  | 9/30/2014 |  | Interest only monthly.
Cortlandt Towne Center |  | 50,000 |  |  | 50,000 |  |  | 2.20% (LIBOR+1.90%) |  | 10/26/2015 |  | Monthly principal and interest.
Village Commons Shopping Center |  | 9,310 |  |  | 9,305 |  |  | 1.70% (LIBOR+1.40%) |  | 6/30/2018 |  | Monthly principal and interest.
Sub-total mortgage notes payable |  | 368,529 |  |  | 298,921 |  |  |  |  |  |  |
Secured credit facilities – variable-rate: |  |  |  |  |  |  |  |  |
Fund III revolving subscription line of credit (2) |  | 136,079 |  |  | 171,450 |  |  | 2.55% (LIBOR+2.25%) |  | 10/10/2012 |  | Interest only monthly.
Six Core Portfolio properties |  | 1,000 |  |  | 1,000 |  |  | 1.55% (LIBOR+1.25%) |  | 12/1/2012 |  | Annual principal and monthly interest.
Fund II term loan |  | 40,000 |  |  | 40,000 |  |  | 3.20% (LIBOR+2.90%) |  | 12/22/2014 |  | Interest only monthly.
Sub-total secured credit facilities |  | 177,079 |  |  | 212,450 |  |  |  |  |  |  |
Interest rate swaps (1) |  | (57,027 | ) |  | (71,535 | ) |  |  |  |  |  |
Total variable-rate debt |  | 488,581 |  |  | 439,836 |  |  |  |  |  |  |
ACADIA REALTY TRUST AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 8. Mortgages Payable, continued
(dollars in thousands) |  |  |  |  |  |  |  |  |  |
Description of Debt and Collateral |  | 12/31/2011 |  | 12/31/2010 |  | Interest Rate at December 31, 2011 |  | Maturity |  | Payment Terms
Mortgage notes payable – fixed-rate |  |  |  |  |  |  |  |  |  |  |  |
Five Self-Storage properties |  | — |  |  | 41,500 |  |  |  |  |  |  |
Chestnut Hill |  | — |  |  | 9,338 |  |  |  |  |  |  |
Clark Diversey |  | 4,491 |  |  | 4,625 |  |  | 6.35% |  | 7/1/2014 |  | Monthly principal and interest.
New Loudon Center |  | 13,882 |  |  | 14,119 |  |  | 5.64% |  | 9/6/2014 |  | Monthly principal and interest.
CityPoint |  | 20,000 |  |  | 20,000 |  |  | 7.25% |  | 11/1/2014 |  | Interest only quarterly.
Crescent Plaza |  | 17,287 |  |  | 17,539 |  |  | 4.98% |  | 9/6/2015 |  | Monthly principal and interest.
Pacesetter Park Shopping Center |  | 11,941 |  |  | 12,132 |  |  | 5.12% |  | 11/6/2015 |  | Monthly principal and interest.
Elmwood Park Shopping Center |  | 33,738 |  |  | 34,197 |  |  | 5.53% |  | 1/1/2016 |  | Monthly principal and interest.
The Gateway Shopping Center |  | 20,308 |  |  | 20,500 |  |  | 5.44% |  | 3/1/2016 |  | Monthly principal and interest.
Walnut Hill Plaza |  | 23,458 |  |  | 23,500 |  |  | 6.06% |  | 10/1/2016 |  | Monthly principal and interest.
239 Greenwich Avenue |  | 26,000 |  |  | 26,000 |  |  | 5.42% |  | 2/11/2017 |  | Interest only monthly.
Merrillville Plaza |  | 26,250 |  |  | 26,250 |  |  | 5.88% |  | 8/1/2017 |  | Interest only monthly until 7/2012; monthly principal and interest thereafter.
216th Street |  | 25,500 |  |  | 25,500 |  |  | 5.80% |  | 10/1/2017 |  | Interest only monthly.
Atlantic Avenue |  | 11,540 |  |  | 11,540 |  |  | 7.34% |  | 1/1/2020 |  | Interest only upon drawdown on construction loan until 1/2015; monthly principal and interest thereafter.
A&P Shopping Plaza |  | 7,874 |  |  | 8,033 |  |  | 6.40% |  | 11/1/2032 |  | Monthly principal and interest.
Interest rate swaps (1) |  | 57,027 |  |  | 71,535 |  |  | 5.41% |  |  |  |
Total fixed-rate debt |  | 299,296 |  |  | 366,308 |  |  |  |  |  |  |
Unamortized premium |  | 33 |  |  | 68 |  |  |  |  |  |  |
Total |  | $ | 787,910 |  |  | $ | 806,212 |  |  |  |  |  |  |
(1) | Represents the amount of the Company’s variable-rate debt that has been fixed through certain cash flow hedge transactions. (Note 10).
(2) | The Fund III revolving subscription line of credit is secured by unfunded investor capital commitments.
Schedule of Maturities of Long-term Debt [Table Text Block] | The scheduled principal repayments of all indebtedness including Convertible Notes (Note 9) as of December 31, 2011 are as follows (does not include $33,000 net valuation premium on assumption of debt):
(dollars in thousands)
2012 | $ | 298,335 |
2013 | 128,059 |
2014 | 104,667 |
2015 | 79,710 |
2016 | 74,722 |
Thereafter | 103,314 |
| $ | 788,807 |

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- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Article 4 -Section 08 -Paragraph f Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690 + Details
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